4 Tex. Admin. Code § 3.507

Current through Reg. 49, No. 24; June 14, 2024
Section 3.507 - Notice to Buyers

Notwithstanding any other provisions of this subchapter:

(1) Once a lien is perfected and attaches in accordance with the Texas Agriculture Code, § RSA 74.115, as amended by Senate Bill 631, the lien established will be solely against cotton growers and first buyers of cotton, as defined by § RSA 3.501 of this title (relating to Definitions), and will be subject to and pre-empted by the Food Security Act of 1985 (RSA 1631), and the lien notice provisions thereof to first buyers of cotton, to be given by the foundation.
(2) The lien established by § 74.115 is not effective or enforceable against a first buyer of cotton until the written notice described in paragraph (1) of this section is received by the buyer.

4 Tex. Admin. Code § 3.507

The provisions of this §3.507 adopted to be effective October 1, 1999, 24 TexReg 7398